Mount Gibson Iron Ltd (MGX) — Defensive Interval Ratio
Mount Gibson Iron Ltd (MGX) has a Defensive Interval Ratio of 1711 days as of December 2025. Defensive assets of AU$347.19 Million (cash AU$-, short-term investments AU$344.82 Million, receivables AU$2.37 Million) cover 1711 days of daily cash needs of AU$202.92K/day. Check Mount Gibson Iron Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mount Gibson Iron Ltd Defensive Interval Ratio (1989–2025)
This chart shows how Mount Gibson Iron Ltd's Defensive Interval Ratio has evolved across 35 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 1711 days, meaning defensive assets of AU$347.19 Million can fund 1711 days of operations without new revenue. Also explore net asset momentum of Mount Gibson Iron Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Mount Gibson Iron Ltd (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Mount Gibson Iron Ltd from 1989 to 2025, covering 35 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MGX market cap.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 1982 days | AU$373.05 Million | AU$188.20K/day | AU$- | AU$372.79 Million | ▼ -620 days |
| 2024 | 2602 days | AU$431.63 Million | AU$165.89K/day | AU$- | AU$426.77 Million | ▲ +2052 days |
| 2023 | 550 days | AU$114.26 Million | AU$207.72K/day | AU$- | AU$107.38 Million | ▲ +333 days |
| 2022 | 217 days | AU$63.61 Million | AU$292.81K/day | AU$- | AU$47.99 Million | ▼ -581 days |
| 2021 | 798 days | AU$268.85 Million | AU$336.98K/day | AU$- | AU$256.30 Million | ▼ -691 days |
| 2020 | 1489 days | AU$330.80 Million | AU$222.20K/day | AU$- | AU$311.56 Million | ▼ -131 days |
| 2019 | 1620 days | AU$324.55 Million | AU$200.39K/day | AU$- | AU$297.48 Million | ▼ -1068 days |
| 2018 | 2687 days | AU$384.87 Million | AU$143.23K/day | AU$- | AU$377.03 Million | ▼ -851 days |
| 2017 | 3538 days | AU$369.29 Million | AU$104.37K/day | AU$- | AU$365.50 Million | ▲ +282 days |
| 2016 | 3256 days | AU$378.60 Million | AU$116.28K/day | AU$- | AU$337.00 Million | ▲ +1829 days |
| 2015 | 1427 days | AU$258.35 Million | AU$181.05K/day | AU$- | AU$243.00 Million | ▲ +162 days |
| 2014 | 1265 days | AU$511.96 Million | AU$404.84K/day | AU$- | AU$449.30 Million | ▲ +479 days |
| 2013 | 785 days | AU$361.30 Million | AU$460.07K/day | AU$- | AU$314.00 Million | ▲ +720 days |
| 2012 | 65 days | AU$29.38 Million | AU$451.15K/day | AU$- | AU$5.58 Million | ▲ +12 days |
| 2011 | 53 days | AU$22.64 Million | AU$425.66K/day | AU$- | AU$386.00K | ▼ -15 days |
| 2010 | 68 days | AU$37.25 Million | AU$546.37K/day | AU$- | AU$3.27 Million | ▲ +34 days |
| 2009 | 34 days | AU$19.30 Million | AU$560.15K/day | AU$- | AU$2.08 Million | ▼ -416 days |
| 2008 | 450 days | AU$108.60 Million | AU$241.21K/day | AU$- | AU$25.16 Million | ▲ +417 days |
| 2007 | 33 days | AU$14.91 Million | AU$449.97K/day | AU$- | AU$5.07 Million | ▼ -97 days |
| 2006 | 130 days | AU$8.72 Million | AU$66.93K/day | AU$- | AU$2.54 Million | ▲ +42 days |
| 2005 | 88 days | AU$3.20 Million | AU$36.29K/day | AU$- | AU$328.67K | ▲ +23 days |
| 2004 | 65 days | AU$3.15 Million | AU$48.52K/day | AU$- | AU$1.95 Million | ▼ -21 days |
| 2003 | 86 days | AU$163.93K | AU$1.90K/day | AU$- | AU$- | ▼ -19 days |
| 2002 | 105 days | AU$1.12 Million | AU$10.67K/day | AU$- | AU$52.25K | ▼ -614 days |
| 2001 | 720 days | AU$272.13K | AU$378.13/day | AU$- | AU$166.00K | ▲ +599 days |
| 1998 | 120 days | AU$3.35 Million | AU$27.87K/day | AU$- | AU$-3.00K | ▲ +32 days |
| 1997 | 88 days | AU$2.63 Million | AU$29.79K/day | AU$- | AU$-3.00K | ▼ -75 days |
| 1996 | 163 days | AU$4.49 Million | AU$27.53K/day | AU$- | AU$- | ▼ -107 days |
| 1995 | 270 days | AU$6.50 Million | AU$24.07K/day | AU$- | AU$- | ▼ -167 days |
| 1994 | 437 days | AU$8.16 Million | AU$18.66K/day | AU$- | AU$- | ▲ +176 days |
| 1993 | 261 days | AU$5.33 Million | AU$20.41K/day | AU$- | AU$- | ▲ +172 days |
| 1992 | 90 days | AU$1.69 Million | AU$18.83K/day | AU$- | AU$- | ▲ +45 days |
| 1991 | 45 days | AU$3.14 Million | AU$70.02K/day | AU$- | AU$- | ▼ -67 days |
| 1990 | 112 days | AU$5.19 Million | AU$46.47K/day | AU$- | AU$- | ▼ -16 days |
| 1989 | 127 days | AU$5.95 Million | AU$46.65K/day | AU$- | AU$- | — |